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RE: To Defend Hive Improve Hive

in LeoFinance3 years ago

We can charge a .25% or .5% fee on all HBD and HIVE conversions.

However, that does not mean the internal exchange has to be void of transaction fees. Most exchanges charge some type of fee. Here again, we could charge a minimal .25% or .5% on each transaction.

“Free” transactions has long been a selling point for Hive (even if fees actually are being levied from RC’s).

Even little 0.25% charges would negate that long-standing selling point. Sure, might be worth it in the long run, but not something to be done lightly.

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Sure, might be worth it in the long run, but not something to be done lightly.

Destroying one of the most unique/special features of the Hive blockchain? This (introducing fees to the internal market transactions) would be like shooting ourselves in the leg. I really hope that this will not happen.

This (introducing fees to the internal market transactions) would be like shooting ourselves in the leg

How is that?

How much activity is on the internal exchange? Are a ton of people taking advantage of the lack of fees on there?

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How is that?

Hopefully we will not know it in practice.

How much activity is on the internal exchange?

How much activity would be with fees? The current 24 hour volume is $48 110.85.

Are a ton of people taking advantage of the lack of fees on there?

Again. How many people would use it (either regularly or occasionally) with fees?

Would hate charges, so niggardly and against the spirit and potential of HIVE.

That is true and that element would still be there. We still would have no "fee" (directly anyway) for engaging with the blockchain. It would still be fee-less. However, there are certain activities where there is a fee. This is not for posting, commenting, or upvoting; nor for sending money to another.

However, if you want to utilize certain features, then there could be a fee for that.

Semantics? Maybe. But I think we are not changing one of the selling points to Hive. In my view it would still be feeless to transact with the chain.

But certainly worthy of discussion.

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